Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Enphase Energy Inc (NASDAQ: ENPH) closed at $60.87 in the last session, down -2.20% from day before closing price of $62.24. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 3.49 million shares were traded. ENPH stock price reached its highest trading level at $64.03 during the session, while it also had its lowest trading level at $60.67.
Ratios:
We take a closer look at ENPH’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.46. For the most recent quarter (mrq), Quick Ratio is recorded 3.88 and its Current Ratio is at 4.16. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 27, 2025, Reiterated its Buy rating but revised its target price to $100 from $120 previously.
On January 16, 2025, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $100 to $65.
HSBC Securities Downgraded its Buy to Hold on November 08, 2024, while the target price for the stock was maintained at $81.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 19 ’24 when Kothandaraman Badrinarayanan bought 2,564 shares for $61.10 per share. The transaction valued at 156,670 led to the insider holds 1,592,260 shares of the business.
Kothandaraman Badrinarayanan bought 2,436 shares of ENPH for $152,058 on Nov 20 ’24. The President & CEO now owns 1,594,696 shares after completing the transaction at $62.42 per share. On Nov 14 ’24, another insider, Kothandaraman Badrinarayanan, who serves as the President & CEO of the company, bought 5,000 shares for $60.38 each. As a result, the insider paid 301,902 and bolstered with 1,589,696 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENPH now has a Market Capitalization of 8223963648 and an Enterprise Value of 7789558272. As of this moment, Enphase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 138.81, and their Forward P/E ratio for the next fiscal year is 17.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 289.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.58 while its Price-to-Book (P/B) ratio in mrq is 8.83. Its current Enterprise Value per Revenue stands at 6.23 whereas that against EBITDA is 75.7.
Stock Price History:
The Beta on a monthly basis for ENPH is 1.67, which has changed by -0.40971166 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, ENPH has reached a high of $141.63, while it has fallen to a 52-week low of $58.33. The 50-Day Moving Average of the stock is -11.31%, while the 200-Day Moving Average is calculated to be -38.18%.
Shares Statistics:
According to the various share statistics, ENPH traded on average about 4.39M shares per day over the past 3-months and 3801500 shares per day over the past 10 days. A total of 135.08M shares are outstanding, with a floating share count of 129.61M. Insiders hold about 4.07% of the company’s shares, while institutions hold 87.13% stake in the company. Shares short for ENPH as of 1736899200 were 20571130 with a Short Ratio of 4.68, compared to 1734048000 on 19262571. Therefore, it implies a Short% of Shares Outstanding of 20571130 and a Short% of Float of 20.47.
